Uniper Energy DMCC Loads Largest-Ever LSFO Cargo in Fujairah

Uniper Energy DMCC, has loaded in Fujairah the largest-ever cargo of Low Sulfur Fuel Oil (LSFO) for delivery to Asian customers, reports IndraStra. LSFO made available for Asian customers Uniper Energy DMCC, which supports 17 United...

Impact of Sulphur Cap on Bunker Fuels

HSFO to 2020 compliant fuel shift has raised concerns regarding sufficient compliant product availability. The uptake of scrubbers has not been as extensive as initially expected, due to the doubt regarding HSFO availability. ...

4 Key Impacts on the Global Oil and Gas and Commodities Markets

According to an article published in the Economic Times Energy World section, the execution of new IMO 2020 guideline is only eight months away and its suggestions are probably going to be felt past...

‘Mexican Standoff’ Persists in LNG Spot Shipping Market

In a major development, GasLog Ltd, one of the largest U.S.-listed liquid natural gas (LNG) tanker owners, is confident that today’s weak spot shipping rates are poised to turn, says an article published in...

ADNOC Logistics and Services Selects VIKING for Safety Servicing

Abu Dhabi-based shipping company, ADNOC Logistics & Services entrusts its entire safety equipment servicing to VIKING with a five-year contract, reports Viking News. What is in the five year tender? Maritime safety equipment manufacturer and global...

Unchecked After Peak Tank Ballast Line Valves

An investigation report published by the Australian Transport Safety Bureau chronicles the incident of Water ingress into steering gear compartment onboard the bulk carrier Goliath, Bass Strait, Tasmania, on 7 March 2018 and what were...

Banks, Private Sectors Show Sudden Interest in Scrubbers Financing

Last Friday,  South Korea's financial regulator announced that they will encourage private banks to increase ship financing, as part of its efforts to improve the financial health of local shipbuilders, reports Yonhap News Agency. The...

To 2019 and Beyond: Forecasted Bulker, Tanker, Container and LPG values

  Vessel Values has partnered with Oslo based shipping consultancy firm ViaMar to provide Future Market values for each individual vessel in the Tanker, Bulker, Container, and LPG fleet. Future Market Values are quarterly predictions for...

LNG Shipping Owner GasLog Partners Foresees Spot Rate Recovery

GasLog Partners expects to benefit from a rebound in charter rates and continued demand for shipping from export project developers. The fall was largely due to a non-cash $12 million decline in derivative valuations,...

Maersk Line’s Asia-Europe Network Reviewed

Maersk has reduced the number of ports they will call at directly with mother vessels in the Mediterranean with their Far East to Europe service. Maersk Line will continue to operate direct services...